SAMECOIN

 

Introducing SAMECOIN


 

Peter is new to the crypto world, like many others. He had seen all the fuss surrounding Bitcoin in the last few months and was a little annoyed that he missed the action. Never mind, he thought—he still wanted to start. Just finding an app where he can actually trade crypto quickly and easily is hard. He has already been put off by KYC measures on several major exchanges. He wanted something simple, which he could understand with the click of a button.

 

 He also tried to buy some crypto on other exchanges and found the whole process when depositing and using fiat currency which was actually very complicated. Why should there be so many obstacles to jump over? He thought it should be simple, but it wasn't.

 

 That's when he found out about the Samecoin ecosystem from a friend. For Peter, it started with SamePay — the payment app and crypto exchange Samecoin. Peter was surprised how easy it was to get started, he was up and running in minutes, with just a few simple clicks. Everything is laid out in an easy interface even he can understand (with little or no crypto experience).

 

 By holding and staking the Samecoin utility token, Peter can enjoy reduced fees when using the app to exchange to other major cryptocurrencies. The fees are already low (0.1 percent), but this makes it even lower — 0.075 percent (and he gets votes for governance

 

Bitcoin Mining runs the Bitcoin blockchain. BTC miners are responsible for executing transactions, as well as moving Bitcoin from the maximum supply of the asset to the circulating supply. Bitcoin mining is a peer-to-peer process of adding data to the Bitcoin ledger to verify and secure contracts. Groups of recorded transactions are aggregated into blocks and then added to the Bitcoin blockchain.

 

 

 In short, miners around the world are trying to solve complex puzzles on their BTC mining machines in an automated way. All these machines compete with each other to find the solution of the puzzle. When the puzzle is solved, a block is mined and the solver is rewarded with a certain amount of Bitcoin. On average, a new Bitcoin block is mined every 10 minutes. The cost of electricity and other aspects affect profitable Bitcoin mining.

 

 

 Bitcoin mining is a computer hardware setup intended for BTC mining, whereas a Bitcoin mining farm is a collection of mining machines. Mining pools also exist, formed from pools of miners who pool their resources towards a common mining goal and share mining rewards

Samecoin Features

Samecoin is a utility token that will support the Samecoin ecosystem. By owning Samecoin users can get benefits such as lower fees when transacting on the Samepay platform or when exchanging cryptocurrencies on exchanges and shopping for products. But that's not all, there are several other features of Samecoin:

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Stable: Not only utility tokens, the Samecoin ecosystem also has stable coins which are perfect for users who are more interested in stable digital assets. The stable coins provided by the Samecoin ecosystem, for now, are SameUSD and SameEuro.

Decentralized: Samecoin adopts a decentralized economic system, which does not allow the platform economy to be controlled by only a few parties. Holders can participate in the governance platform.
Payment based: The solution offered by Samecoin is the most intuitive and accessible payment infrastructure for users all over the world.
Verifiable: The stablecoins provided by the Samecoin ecosystem can be verified by anyone. So it is completely safe and transparent for all users.

Detail Samecoin

Samecoin or abbreviated as “SAMA” was launched on the Binance Smart Chain platform with a total supply of 99,999,999 SAMA. Later Samecoin will serve as a utility, governance and reward token. Samecoin will fully support the Samecoin ecosystem through fundraising, the proceeds of which will be very useful for the development of the Samecoin ecosystem. Users can also stake Samecoin for passive income.

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Samecoin Road Map

The team from Samecoin started the project in Q3 2021 by making an Initial DEX offer first. In this way, the team from Samecoin can get funding for the development of the Samecoin ecosystem. Then after conducting a fundraising program, the team from Samecoin will start developing the application on the Android platform and launch it in Q4 2021. And after successfully launching the Android application, the team from Samecoin will develop the application on the iOS platform and launch it in Q1 2022.

summary

Samecoin is an ecosystem that provides platforms like SamecoinProtocol, SamePay, and SameID. This ecosystem will facilitate users for their crypto needs. And Samecoin is a utility token launched on the Binance Smart Chain platform that serves to support the Samecoin ecosystem. By using Samecoin, users will get reduced fees on the SamePay platform or when exchanging cryptocurrencies on exchanges and purchasing products. Samecoin will be sold in a fundraising program and the proceeds will be used for the development of the Samecoin ecosystem. But it's not just a utility token, Samecoin is a governance and rewards token which means when users hold Samecoin they get voting rights in Samecoin ecosystem and they can stake their Samecoin to earn rewards.

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there is always a crypto network that comes to fix one problem or another and now we have this network called Duicoin, which comes from the name of a hybrid animal called Samecoin. This platform is more than you can imagine and is on the blockchain. Think about what it's like to have the means to earn passive income and grow from what you've always had financially and to scale. This will come naturally through Samecoin, the Binance Smart network will grow in capacity and provide a platform within it as it follows the BEP-20. This platform will be a means to get more transactions and increase the capacity of smart contracts used on the blockchain.

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